By BUUMBA CHIMBULU THE United Nations Economic Commissions for Africa (UNEC) has called on the G20 leaders to implement emergency measures to protect 30 million jobs at risk across the continent, particularly in the tourism and airline sectors. UNEC said the G20 leaders should take measures to support agricultural imports and exports, the pharmaceutical sector and the banking sector. The commission explained that an extended credit facility, refinancing schemes and guarantee facilities should be used to waive, restructure and provide additional liquidity in 2020. “G20 leaders should support a liquidity line available to the private sector operating in Africa to ensure essential purchases can continue and all SMEs dependent on trade can continue to function,” UNEC said in a statement. G20 leaders, UNEC said, should ensure that national and regional stimulus packages covering private and financial systems included measures to support African businesses through allowing for the suspension of leasing, debt and other repayments to […]
Protect jobs across Africa, G20 urged
